The developer’s OP Stack software – the blueprint for Coinbase’s new Base blockchain – had been criticized for the lack of a crucial security feature, likened to driving a fast car without airbags.
‘Storage Proofs’ Touted as Alternative to Hack-Prone Bridges in Multichain World
Storage proofs, a feature that could minimize cross-chain exploits by allowing users to keep their assets on one chain and prove that it’s there on a different chain, will go live on Starknet soon.
SVB collapse chilled NFT trading volumes: DappRadar
Only 11,440 NFT traders were active on March 11 which was the lowest figure recorded since November 2021.
Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more
The conference known as “Proof of Conference” was slated to run in May has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose.
Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Among the nonfungible tokens (NFTs) stolen from the PROOF co-founder were 25 Chromie Squiggles and one Autoglyph NFT.
Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding
Storing an NFT “in chain” means that the NFT can be generated completely off the underlying smart contract, without any need for an off-chain storage provider.